151.6 +1.36 (+0.9%) Buy

PNCINFRA investors considering profit booking at current levels

13 min read

PNC INFRATECH LTD. managed to outperform the broader market on Wednesday. It surged by +0.9% to close at 151.6. It is currently trading -21% below it's 52 week high of 193.55.

[Themes containing PNCINFRA]

PNCINFRA is currently in a bullish trend. The previous long signal in PNCINFRA has not been profitable for investors in general. If you are invested in PNCINFRA at current levels please make sure that your allocation is limited and that your portfolio is well diversified.


PNCINFRA has been outperforming the NIFTY-50 index in recent time. It showed significant outperformance (compared to the NIFTY-50 index) from 6 Mar, 2017 to 26 Dec, 2017. Over the last 3 years and 1 month, PNCINFRA outperformed the NIFTY-50 index on 48% days. Which indicates that on days PNCINFRA outperforms the NIFTY-50 index, it's performance is marginally better than on the days it underperforms the NIFTY-50 index.

PNCINFRA was profitable on 55% days in the last three months. During this time, it delivered on average +0.27% per day. It delivered it's best daily return of +5.31%, during this period, on Wednesday, 19 Dec, 2018. The longest stort-term trend during this period was 7 losing days, which started on 26 Nov, 2018 and ended on 4 Dec, 2018. This bearish trend lost -11.94% of investor capital.

The last 12 months saw PNCINFRA's investors making profits in 7 months and incurring losses in 5 months. During the last year, PNCINFRA delivered profits in more months than NIFTY-50 index. PNCINFRA was also a more risky investment than NIFTY-50 index as it's worst month in the last year, Jun 2018, returned -18.07% compared to -6.42% returned by NIFTY-50 index in Sep 2018. PNCINFRA had a longer winning streak of profitable months than NIFTY-50 index. It went up in 4 straight months (from Oct 2018 to Jan 2019) during which period it delivered +9.43%.

I'm involved in the stock market, which is fun and, sometimes, very painful.
-- Regis Philbin

PNCINFRA is currently seeing overall fall in volatility. In comparison, the NIFTY-50 index is seeing decrease in volatility. During the last three months, there was a significant fall in PNCINFRA's volatility from 3 Dec, 2018 to 11 Jan, 2019. While there was a significant fall in the NIFTY-50 index's volatility from 31 Oct, 2018 to 5 Dec, 2018.

Advanced/professional short-term investors should note that PNCINFRA has negative skewness in it's return distribution. This indicates that investors may need to stay invested through long periods of drawdown before expecting a recovery.

NIFTY-50 index has more chance of extreme outcomes than PNCINFRA. Therefore, NIFTY-50 must receive a lower allocation than PNCINFRA in your portfolio. NIFTY-50 index usually has shorter drawdown period than PNCINFRA.

Based on your interest in PNCINFRA you may find it interesting to know that HATSUN, TIDEWATER and IGARASHI are all extremely risky investment candidates that must be evaluated carefully. Investors with low risk profile are better off avoiding them till their performance becomes more consistent.

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